The Biden administration on Tuesday unveiled a plan to sell offshore wind leases in waters off the coasts of Maine and Oregon later this year, saying projects in…
Oil And Gas News
Petrobras Q1 Oil Production Up 4.4%
Brazilian state-run oil company Petrobras said on Monday that its crude oil production during the first quarter rose 4.4% compared to the same period last year.Petrobras pumped 2…
SilverBow Resources successfully executing strategic priorities to drive shareholder value
04/29/2024
Board Urges Shareholders to Vote “FOR” ALL of SilverBow’s Highly Qualified Directors on the WHITE Proxy Card
HOUSTON–(BUSINESS WIRE)– SilverBow Resources,
…
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ExxonMobil, Chevron to increase Guyana, Permian oil production amidst $100 billion M&A spending
(Bloomberg) – If you want to understand why the two largest U.S. oil companies are together spending in excess of $100 billion on acquisitions right now, look no further than the amount of crude they’re extracting from the …
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Kimmeridge releases presentation outlining the urgent need for board change at SilverBow
Apr 29, 2024, 06:00 ET
Details SilverBow’s track record of underperformance, value-destructive acquisitions, broken governance, and entrenchment maneuvers
SilverBow needs experienced, independent directors who are open to assessing all value enhancing alternatives
…
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ProPetro announces agreement for FORCESM electric hydraulic fracturing services
MIDLAND, Texas–(BUSINESS WIRE)– ProPetro Holding Corp. (“ProPetro” or “the Company”) (NYSE: PUMP) has entered into a three year Hydraulic Fracturing Services Agreement (the “Agreement”) to provide electric hydraulic fracturing services to ExxonMobil in the Permian Basin.…
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TotalEnergies CEO calls on policymakers to “face reality” as world oil demand rises
(Bloomberg) – The world could still be using more than 100 MMbpd of oil by 2040, making it vital to start preparing and adapting for a warmer climate, said TotalEnergies SE Chief Executive Officer Patrick Pouyanne.
The warning …
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G7 nations discuss phasing out coal-fired electricity by 2035
The G7 group of the world’s most industrialized nations are discussing a common target to end their coal-fired power generation by 2035 at an energy ministers’ meeting in Italy, a source close to the talks told Reuters on …
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Oil dips on Israel-Hamas peace talks, slim near-term US rate cut hopes
Oil prices dipped on Monday as Israel-Hamas ceasefire talks in Cairo tempered fears of a wider Middle East conflict, while U.S. inflation data dimmed the prospect of interest rate cuts soon.
Brent crude futures for June, which expire …
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Namibia’s oil potential could match Guyana following significant offshore discoveries, TotalEnergies CEO reports
(Bloomberg) – Namibia’s oil potential could one day match Guyana, where big discoveries have sparked an economic transformation and set the world’s biggest companies jostling for position.
There’s a “big chunk of oil” in waters off Namibia, said …
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